During the great depression, millions lost everything. As the stock market started to crash, mass hysteria pushed share prices down to historic lows, sometimes far below even the value of the physical assets that a company owned. Companies were, in essence, selling themselves for free, but few bought because the risks were so high.
We are seeing the same situation today, though on a slightly smaller scale. Although this puts millions of Americans at a huge disadvantage, the timing could not be better for students graduating high school or in college. It is in these crucial first years of developing an investment portfolio that taking risks is the best possible course, as the losses are small but the potential gains astronomical. In this current climate, more than ever, it is imperative that young adults set aside a few hundred dollars to invest. Not only will this provide crucial lessons in investment, but it will cashing in on an opportunity that [hopefully] will not be back for many decades.
~Morgan
